Decision details
Estimated Collection Fund Outturn For 2024/2025
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
This report sets out the estimated Collection
Fund surpluses/deficits for 2023/24 for Council Tax and
Non-Domestic Rates for the year ending 31st March 24 and respective
shares notifiable to the major precepting authorities.
Decision:
RESOLVED:
That Cabinet
1. Noted the overall Collection Fund estimated surplus of £4.279m for the year ending 31st March 2025, comprised of an estimated surplus of £1.676m for Council Tax and an estimated surplus of £2.603m for Non-Domestic Rates (NDR).
2. Noted the distribution of the Collection Fund estimated surplus for Council Tax and NDR to the major/relevant precepting authorities and the Secretary of State.
3. Noted Shropshire Council’s share of the overall estimated surplus of £2.927m, comprised of an estimated surplus of £1.378m for Council Tax and an estimated surplus of £1.549m for NDR.
4. Noted the inclusion of Shropshire Council’s share of the overall estimated deficit for Council Tax and NDR in the 2025/26 budget.
Report author: Ben Jay
Publication date: 12/02/2025
Date of decision: 12/02/2025
Decided at meeting: 12/02/2025 - Cabinet
Effective from: 20/02/2025
Accompanying Documents:
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